Echo Global Logistics, Inc. (“Echo”), a leading provider of technology-enabled transportation and supply chain management services, today announced that it has reached an agreement to acquire ITS Logistics (“ITS”), one of North America’s fastest-growing third-party logistics (3PL) providers, headquartered in Reno, Nevada.

Founded in 1999, ITS Logistics has built a strong reputation as a modern 3PL delivering purpose-built solutions for complex supply chain challenges. The company is widely recognized for its industry-leading drop trailer and trailer pool program, DropFleet, as well as its expertise in dedicated capacity, intermodal and drayage solutions, freight security, omnichannel fulfillment, and sustainability-focused transportation strategies.

Creating a Leading Transportation and Logistics Platform

The combination will create one of the leading transportation and logistics platforms in North America, with pro forma 2025 revenue of approximately $5.4 billion. The transaction expands Echo’s scale while accelerating the evolution of ITS’s differentiated solutions through Echo’s advanced technology platform.

“This acquisition represents a meaningful strategic opportunity for Echo and our customers,” said Doug Waggoner, Chief Executive Officer at Echo.

“ITS has built a highly differentiated set of solutions, including drop trailer and trailer pool capabilities, backed by best-in-class execution that delivers reliability and flexibility across complex networks. By applying Echo’s proprietary technology, advanced analytics, and growing AI capabilities to the ITS solution set, we will strengthen our value proposition for a broader range of customers.”

Technology-Driven Supply Chain Optimization

Echo’s technology platform leverages automation, machine learning, and artificial intelligence to support pricing, capacity sourcing, shipment execution, and exception management. Integrating these capabilities into the ITS solution set is expected to enhance network optimization, improve response times, and deliver real-time insight across trailer pool and dedicated transportation operations.

“Joining forces with Echo marks an exciting new chapter for ITS Logistics,” said Scott Pruneau, Chief Executive Officer at ITS Logistics.

“Echo’s truckload brokerage scale, managed transportation platform, strong cross-border capabilities, and broad multimodal offering—combined with its technology platform and AI-driven innovation—will enable us to elevate our service offerings and provide enhanced value to our customers.”

“Together, we will be well equipped to help customers navigate the increasing complexity of today’s supply chain, offering smarter, more connected execution and powerful solutions that drive results.”

Continuity and Transaction Timeline

ITS Logistics will continue operating with its existing leadership team and customer-facing structure, maintaining its people-first culture and solution-driven approach. The organization will benefit from Echo’s technology platform, extensive carrier network, and enterprise commercial capabilities.

The transaction is expected to close during the first half of 2026, subject to customary closing conditions and regulatory approvals.

Advisors

Goldman Sachs & Co. LLC served as lead financial advisor, and UBS Group AG acted as financial advisor to Echo. Kirkland & Ellis LLP served as legal counsel to Echo.

J.P. Morgan Securities LLC acted as lead financial advisor, with Jefferies LLC serving as financial advisor to ITS. Weil, Gotshal & Manges LLP served as legal counsel to ITS.